NOT LISTED FOR SALE

Eastern Village Cohousing 7981 Eastern Ave Unit 302 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $393,000 - $472,000

2 Beds
1 Bath
835 Sq Ft
$451/mo HOA Fee

Last Sold April 11, 2022

Last sale price $406,228 $487 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,952/month

8 Days on Market

Highlights

  • Fitness Center
  • Game Room
  • Halls are 36 inches wide or more
  • Takoma Park Middle School Rated A
  • Community Playground
  • Forced Air Heating and Cooling System

About This Home

As of April 2022

Sold

Last Agent to Sell the Property

Andrew Essreg

(202) 379-8881 aessreg@gmail.com RLAH @properties License #657002 Listed on: 03/10/2022

RLAH @properties

Last Buyer's Agent

Judith Kogod Colwell

(301) 325-4388 judykogod@aol.com Perennial Real Estate License #595376

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,899

Year Built

  • Built in 2005

Lot Details

  • Property is in very good condition

HOA Fees

  • $451 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Entry on the 3rd floor
  • Brick Exterior Construction

Interior Spaces

  • 835 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Accessible Home Design

  • Accessible Elevator Installed
  • Grab Bars
  • Halls are 36 inches wide or more
  • Lowered Light Switches
  • Doors are 32 inches wide or more

Utilities

  • Forced Air Heating and Cooling System
  • Geothermal Heating and Cooling

Listing and Financial Details

  • Assessor Parcel Number 161303449470

Community Details

Overview

  • Association fees include gas, water, sewer, high speed internet, management, insurance, lawn maintenance, exterior building maintenance, snow removal
  • 2 Elevators
  • Low-Rise Condominium
  • Eastern Village Co Housing Condos
  • Silver Spring Subdivision
  • Property Manager

Amenities

  • Common Area
  • Game Room
  • Meeting Room
  • Community Dining Room
  • Community Library
  • Laundry Facilities

Recreation

  • Community Playground
  • Fitness Center

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,899

Year Built

Built in 2005

Lot Details

0

HOA Fees

$451 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Accessibility Features: 36"+ Wide Halls, 32"+ Wide Doors, Accessible Switches/Outlets, Grab Bars Mod, Elevator
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Year Built: 2005
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Fireplace: No
  • Elevators Count: 2
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 835
  • Living Area Sq Ft: 835
  • Price Per Sq Ft: 449.10
  • Above Grade Finished Sq Ft: 835
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Geothermal
  • Cooling Type: Central A/C, Geothermal, Ceiling Fan(s)
  • Heating Fuel: Geo-Thermal
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 451.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Eastern Village Co-Housing
  • HOA Condo Co-Op Amenities: Common Grounds, Fitness Center, Game Room, Library, Meeting Room, Dining Rooms, Laundry Facilities, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Gas, Water, Sewer, High Speed Internet, Management, Insurance, Lawn Maintenance, Ext Bldg Maint, Snow Removal
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 238000.00
  • Land Assessed Value: 102000.00
  • Property Condition: Very Good
  • Zoning: CBD1
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Pets: Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14096203
  • Tax Annual Amount: 3899.00
  • Assessor Parcel Number: 161303449470
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2022
Closed on
Apr 11, 2022
Sold by
Showalter Thomas
Bought by
Sardell Alice
Seller's Agent
Andrew Essreg
RLAH @properties
Buyer's Agent
Judith Kogod Colwell
Perennial Real Estate
List Price
$375,000
Sold Price
$406,228
Premium/Discount to List
$31,228
8.33%
Current Estimated Value
$413,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,932
Avg. Annual Appreciation
0.46%

Purchase Details

Closed on
Aug 8, 2018
Sold by
Kaplan Deborah
Bought by
Showalter Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2011
Sold by
Benson Andrew W and Benson Barbara D
Bought by
Kaplan Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2011
Sold by
Benson Andrew W and Benson Barbara D
Bought by
Kaplan Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2007
Sold by
Benson Thomas A and Benson Megan T
Bought by
Benson Andrew W and Benson Barbara D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,050
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 2, 2007
Sold by
Benson Thomas A and Benson Megan T
Bought by
Benson Andrew W and Benson Barbara D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,050
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2005
Sold by
Grupp Naomi
Bought by
Benson Thomas A and Benson Megan T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 11, 2005
Sold by
Grupp Naomi
Bought by
Benson Thomas A and Benson Megan T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 2, 2005
Sold by
Eastern Village Cohousing Llc
Bought by
Grupp Naomi
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sardell Alice $406,228 None Listed On Document
Showalter Thomas $345,000 Lakeside Title Co
Kaplan Deborah $290,000 --
Kaplan Deborah $290,000 --
Benson Andrew W $333,000 --
Benson Andrew W $333,000 --
Benson Thomas A $333,000 --
Benson Thomas A $333,000 --
Grupp Naomi $189,775 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Showalter Thomas $276,000
Previous Owner Kaplan Deborah $266,000
Previous Owner Kaplan Deborah $266,000
Previous Owner Benson Andrew W $283,050
Previous Owner Benson Andrew W $283,050
Previous Owner Benson Thomas A $188,000
Previous Owner Benson Thomas A $188,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2022 04/11/22 Sold $406,228 +8.3% $487 / Sq Ft
03/18/2022 03/18/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $375,000 -- $449 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,037 $356,667 -- --
2024 $4,037 $340,000 $102,000 $238,000
2023 $4,729 $340,000 $102,000 $238,000
2022 $3,178 $340,000 $102,000 $238,000
2021 $3,207 $343,000 $102,900 $240,100
2020 $1,523 $328,667 $0 $0
2019 $2,882 $314,333 $0 $0
2018 $2,727 $300,000 $90,000 $210,000
2017 $2,470 $283,333 $0 $0
2016 -- $266,667 $0 $0
2015 $3,789 $250,000 $0 $0
2014 $3,789 $250,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrew Essreg

    Seller's Agent in 2022

    Andrew Essreg

    Real Living at Home

    (202) 379-8881

    5 in this area

    145 Total Sales

    Andrew Essreg
    Section Image
  • Judith Kogod Colwell

    Buyer's Agent in 2022

    Judith Kogod Colwell

    Perennial Real Estate

    (301) 325-4388

    1 in this area

    71 Total Sales

    Judith Kogod Colwell
    Section Image
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About Eastern Village Cohousing

Map

Source: Bright MLS

MLS Number: MDMC2041262

Bright MLS

APN: 13-03449470

Maryland Montgomery County Silver Spring 20012 Downtown Silver Spring

7981 Eastern Ave Unit 302, Silver Spring, MD

Not Listed for Sale

Condos

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